Walgreens to Close 600 Stores Following Rite Aid Deal

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Walgreens plans to close 600 stores, most of them newly acquired Rite Aid locations, the company said this week. Walgreens recently received approval to buy 1,932 Rite Aid stores in a $4.375 billion cash deal. Though it didn't disclose which stores will close, most that will be shuttered are within one mile of another location. The…

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